Prosiebensat.1 Media (OTCMKTS:PBSFY) Shares Down 5.1% - Time to Sell?

Key Points

• Prosiebensat.1 Media shares dropped by 5.1% during trading on Wednesday, with the stock last trading at $1.68, significantly down from the previous close of $1.77.
• The company reported earnings of $0.02 per share, missing the consensus estimate of $0.22 by $0.20, while quarterly revenue was $953.09 million, also below analyst expectations of $996.46 million.
• Prosiebensat.1 Media has a market capitalization of $1.56 billion and operates through various segments including Entertainment, Dating & Video, and Commerce & Ventures.

Prosiebensat.1 Media Se (OTCMKTS:PBSFY - Get Free Report)'s stock price fell 5.1% during trading on Wednesday . The stock traded as low as $1.68 and last traded at $1.68. 728 shares were traded during trading, a decline of 81% from the average session volume of 3,851 shares. The stock had previously closed at $1.77.

Prosiebensat.1 Media Stock Performance

The firm's 50-day moving average price is $2.14 and its 200 day moving average price is $1.90. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.92 and a current ratio of 0.97. The company has a market cap of $1.52 billion, a price-to-earnings ratio of -16.78 and a beta of 1.18.

Prosiebensat.1 Media (OTCMKTS:PBSFY - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.20). Prosiebensat.1 Media had a positive return on equity of 13.40% and a negative net margin of 2.27%.The business had revenue of $953.09 million for the quarter, compared to analyst estimates of $996.46 million.

About Prosiebensat.1 Media

ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8.